Collaborative Wealth Managment Inc. Decreases Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Collaborative Wealth Managment Inc. reduced its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 61.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 75,272 shares of the company’s stock after selling 117,506 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF accounts for approximately 0.8% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 27th largest holding. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,685,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock worth $4,231,117,000 after purchasing an additional 2,759,654 shares in the last quarter. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the 4th quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after buying an additional 1,974,582 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% during the 4th quarter. Stifel Financial Corp now owns 7,602,932 shares of the company’s stock valued at $170,420,000 after buying an additional 523,944 shares in the last quarter. Benjamin Edwards Inc. boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 5.9% in the 4th quarter. Benjamin Edwards Inc. now owns 6,119,180 shares of the company’s stock worth $137,160,000 after buying an additional 340,043 shares during the period. Finally, State Street Corp boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the 2nd quarter. State Street Corp now owns 5,858,146 shares of the company’s stock worth $129,465,000 after buying an additional 1,843,991 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.1%

SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.14 on Thursday. The firm has a 50 day simple moving average of $22.21 and a 200 day simple moving average of $22.39. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.76 and a 1-year high of $22.87.

SPDR Portfolio Mortgage Backed Bond ETF Profile

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.